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Prices Paid: Buying & Leasing Experiences Saturn Outlook Lease Questions
90 messages, Last post on Aug 22, 2008 at 2:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
Hi - I was in a Saturn dealer last week, and I was told the residual for an XR was 52 or 53% for a 3 yr, 12K miles lease. Does that sound right? Thanks.
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Replying to: greenjdc (Jul 09, 2007 5:13 pm) Hi I posted the message before you, in talking with my dealer about a 36 month lease (not mentioned above) he quoted a residual of 61% ($18,867.45) for an XE AWD with 15,000 annual miles. Seems like the % you were quoted is too low considering you are looking at only 12,000 miles. fernhill
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Replying to: fernhill (Jul 09, 2007 6:37 pm)
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Replying to: greenjdc (Jul 09, 2007 6:50 pm)
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Replying to: greenjdc (Jul 10, 2007 3:43 pm) My ealer experience was this past saturday - I contacted another dealer today (trying to see if I could get a better price) they initially said their monthly price on a 15,000 mile a year lease for 39 months zero down XE AWD with employee discount was $447 a month. Then when I told them I had a nother dealer quote me $427 a month - they came back and said the lease rates changed today (they read the wrong rates) and that their price would be the $427. In addition he mentioned that the first dealer I went to was their sister dealer (which I think it is) and that they use the same rates. This would mean I am still in the 61%/6% range. I emailed him back to see if he would give me a dealer in the area they were "sisters" with as I was trying to get the best price even though they have a no haggle policy. We shall see.
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Replying to: fernhill (Jul 10, 2007 6:49 pm) Good info, thanks. Looks like new leases options are back up on Saturn's website, with residuals 1 or 2 points down from the old offers. Still low 60s - so the 51% they gave me yesterday was a one day thing. Timing is a funny thing - I might have leased one yesterday but now I'm thinking of whether I really want to lease a vehicle. Good luck! |
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Hello all, I found this board after signing a lease on an Outlook. MSRP of $39,900. I think they did the residual at about 50% because it was about half of the MSRP. Also the payments came out to $629 / month for 39 months with $0 down. I thought that was high. I did not take delivery of the vehicle because the one with the options I wanted was on another lot. I found out that it had an imperfection in the roof rack. According to the info here, those payments look way too high. The sales manager was nice enough to let me cancel my lease without penalty. And they did let me put 75 miles on another new Outlook while waiting for mine to be delivered. No charge even though I canceled. I already have a 2002 SL1 and would definitely go with Saturn again. They had the 2008 model come in last week fully loaded just like I wanted for the same price but say that Saturn has only authorized them for sale and not for lease. Perhaps when the 2008 gets a lease program, the 07 will get some decent incentives.
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Replying to: Car_man (Jul 02, 2007 2:14 am) Also, is there any word on GM increasing production so the dealers stop their baloney? |
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Replying to: clintcela (Jul 18, 2007 10:17 am) |
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Replying to: fernhill (Jul 08, 2007 12:17 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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